A Policy Implication of Monetarism Is That

question 70

Multiple Choice

A policy implication of monetarism is that:

• A) full employment will always be maintained.
• B) countercyclical policies have no effect on the economy.
• C) the growth of the money supply is caused by economic fluctuations.
• D) constant growth of the money supply is better than discretionary policies.

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Definitions:

Standard Deviation

A parameter that captures the level of scattering or variation among values in a dataset.

Tips

Gratuity given to service workers in addition to the basic price for the service provided.

Conjunctive Adverbs

Words that help connect two clauses or sentences, providing a transition that indicates relation or sequence.

Conjunctions

Conjunctions are words that join together sentences, clauses, phrases, or words, serving as connectors in a sentence to improve flow and coherence.